Weekly Press Review – 11 September 2017

The big news this week is the agreement signed between PetroSA and Russian company, Rosgeo, to develop oil and gas blocks in South Africa. According to the press, the deal, worth $400 million (R5.17 billion), was signed on the sidelines of the ninth Annual Brics Summit in China and offers the embattled national oil company … Continue reading Weekly Press Review – 11 September 2017

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Weekly Press Review – 27 March 2017

PetroSA has made headlines again this week. According to the press the state-owned oil company is set to suffer a projected devaluation of assets of R1.1 billion this financial year, in addition to the R14.5 billion in impairment it suffered in the 2014/15 financial year. The PetroSA board, however, managed to escape an attempt to … Continue reading Weekly Press Review – 27 March 2017

Weekly Press Review – 6 February 2017

The dangers of working in the maritime sector, seems to be the theme of this week’s press review. According to the press there were two separate incidents over the weekend where fishermen lives were endangered and rescue efforts were required. A fishing boat capsized off Macassar on Sunday. The captain braved shark-infested waters to swim … Continue reading Weekly Press Review – 6 February 2017

Weekly Press Review – 5 December 2016

The SA Agulhas II embarked on her latest voyage this week. According to the press a group of 10 local scientists and researchers will spend 14 months doing scientific research for South Africa on the white continent, Antarctica. According to Department of Environmental Affairs spokesperson Zolile Nqayi, “The team will be doing various types of … Continue reading Weekly Press Review – 5 December 2016

Weekly Press Review – 21 November 2016

Making headlines this week was a fire which broke out aboard a passenger cruise vessel on the Hartbeesdam over the weekend resulting in the deaths of four people. The South African Maritime Safety Authority (SAMSA) is investigating the incident. A free app is helping 50 small-scale fishers in the province to monitor their catches. According … Continue reading Weekly Press Review – 21 November 2016

Weekly Press Review – 29 May 2015

In sad news the press has reported that the search for the two fishermen who went missing after their boat capsized over the weekend has still produced no conclusive results. The fishermen were reported as missing after their boat capsized in dense fog off Lamberts Bay.  The boat had a crew of four on board.  … Continue reading Weekly Press Review – 29 May 2015

Weekly Press Review – 29 August 2014

PetroSA has made the headlines this week with the decision to cancel plans to build a floating liquefied natural gas (LNG) terminal in Mossel Bay.  The decision was based on a feasibility study which revealed several technical complications at the site as well as financial considerations. The company has said that it is still planning … Continue reading Weekly Press Review – 29 August 2014